Health Savings Accounts are celebrating their 19th birthday in 2023 and they still remain a mystery to both the clients who own them and the custodians/trustees who house them. While most of the bank's responsibility revolves around opening them correctly and providing contribution and distribution reporting to the IRS every year, we seem to get involved in 'fixing' the client's both intentional and unintentional mistakes. This webinar will clarify what is our job and what is the client's job in regard to paying attention to how much they are contributing and what distributions are being used for.
Who Should Attend
All employees who open and maintain Health Savings Accounts for their customer base as well as back office administrators and the operations department responsible for the reporting of HSA transactions. Call center employees who answer questions on HSAs are also encouraged to attend.